SHA:688021 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	105.03	59.68	49.73	105.42	220.61	296.62
Short-Term Investments	-	-	-	55.77	32.62	55.77
Trading Asset Securities	-	-	-	-	-	7.09
Cash & Short-Term Investments	105.03	59.68	49.73	161.19	253.23	359.48
Cash Growth	75.21%	20.01%	-69.15%	-36.35%	-29.55%	-15.98%
Accounts Receivable	135.23	171.31	139.16	197.26	108.64	231.86
Other Receivables	0.61	0.43	0.36	0.61	0.92	0.93
Receivables	135.84	171.74	139.52	197.87	109.56	232.79
Inventory	239.21	231.57	237.98	311.8	303.64	228.55
Prepaid Expenses	4.89	0.03	0.28	1.59	-	1.1
Other Current Assets	31.22	31.56	28.54	26.67	30.86	26
Total Current Assets	516.19	494.58	456.03	699.13	697.29	847.92
Property, Plant & Equipment	548.29	569.54	629.42	667.69	634.88	470.19
Long-Term Investments	8.23	8.27	8	4.88	4.08	4.08
Other Intangible Assets	50.57	51.8	56.83	58.7	58.24	44.52
Long-Term Deferred Tax Assets	17.18	18.88	23.71	22.89	18.37	10.93
Long-Term Deferred Charges	3.41	3.83	0.53	0.82	0.58	0.21
Other Long-Term Assets	25.39	10.44	15.67	25.75	27.32	53.2
Total Assets	1,169	1,157	1,190	1,480	1,441	1,431

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Accounts Payable	43.11	34.62	23.15	93.91	63.88	158.75
Accrued Expenses	14.54	11.87	9.41	6.18	5.65	14.99
Short-Term Debt	56.55	65.68	84.13	221.97	209.01	188.23
Current Portion of Long-Term Debt	21.71	33.08	38.28	30.07	16.97	0.01
Current Portion of Leases	1.02	1.04	1.84	2.29	2.22	2.62
Current Income Taxes Payable	0.88	0.14	-	0.01	0.14	0.68
Current Unearned Revenue	3.37	2.98	5.44	2.71	7.52	15.17
Other Current Liabilities	19.63	25.52	29.87	43.02	39.22	53.15
Total Current Liabilities	160.81	174.93	192.12	400.17	344.62	433.61
Long-Term Debt	90.15	71.11	94.58	112.33	117.6	9.96
Long-Term Leases	0.75	0.99	2.89	-	4.33	1.21
Long-Term Unearned Revenue	30.39	32.93	37.17	41.07	41.13	32.25
Long-Term Deferred Tax Liabilities	0.02	0.02	0.07	0.08	0.07	0.01
Other Long-Term Liabilities	-	-	-	-	0.11	0.15
Total Liabilities	282.12	279.98	326.84	553.64	507.86	477.2

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Common Stock	76.41	76.41	76.41	77.28	77.28	77.28
Additional Paid-In Capital	614.22	614.22	614.22	628.01	624.34	612.61
Retained Earnings	192.29	181.82	167.11	211.08	219	246.93
Total Common Equity	882.92	872.45	857.74	916.37	920.62	936.83
Minority Interest	4.21	4.92	5.62	9.84	12.27	17.03
Shareholders' Equity	887.13	877.37	863.36	926.21	932.9	953.85
Total Liabilities & Equity	1,169	1,157	1,190	1,480	1,441	1,431

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Total Debt	170.19	171.9	221.71	366.66	350.13	202.04
Net Cash (Debt)	-65.16	-112.22	-171.98	-205.46	-96.9	157.44
Net Cash Growth	-	-	-	-	-	-46.91%
Net Cash Per Share	-0.87	-1.45	-2.31	-2.59	-1.24	2.03
Filing Date Shares Outstanding	76.41	76.41	76.41	77.28	77.28	77.28
Total Common Shares Outstanding	76.41	76.41	76.41	77.28	77.28	77.28
Working Capital	355.38	319.64	263.92	298.97	352.67	414.31
Book Value Per Share	11.55	11.42	11.22	11.86	11.91	12.12
Tangible Book Value	832.35	820.65	800.91	857.67	862.38	892.3
Tangible Book Value Per Share	10.89	10.74	10.48	11.10	11.16	11.55
Buildings	274.88	274.67	292.81	275.9	227.3	166.96
Machinery	502.71	514.23	485.14	517.21	391.27	268.24
Construction In Progress	68.21	59.62	80.3	70.18	157.81	138.9